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Ballymore Resources Limited (ASX:BMR)

ALERT: Price-sensitive ASX Announcement for BMR
Current share price for BMR : $0.145 0.03 (26.09%)+
Release
29 Jun 2026 9:41AM
Price at Release
$0.115
Full Release
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Summary
Ballymore Resources Limited has completed an expanded high-resolution ground gravity survey at the Ruddygore Project near Chillagoe, North Queensland. The survey identified multiple compelling gravity anomalies, validating recent discoveries and highlighting new high-priority drill targets. Significant gravity anomalies were found at areas such as Torpy's, Little Torpy's, MAN03, Armada East, and Maniopota. These anomalies coincide with Ballymore's recent drill results and provide strong validation of mineralised systems, suggesting Ruddygore may host multiple significant mineral systems. The integration of gravity survey data with electromagnetic, magnetic, and geochemical datasets is underway to enhance drill targeting accuracy and reduce exploration risk. Ballymore's strategy includes using modern exploration techniques to unlock the remaining potential of the historic Chillagoe Mining District, supported by Queensland Government funding to accelerate exploration efforts.
Key Points
  • Completed expanded high-resolution ground gravity survey at Ruddygore Project
  • Identified significant gravity anomalies at Torpy's, Little Torpy's, MAN03, Armada East, Maniopota
  • Anomalies coincide with recent high-grade drill intersections
  • Integration of gravity data with other geological datasets underway
  • Survey suggests potential for multiple significant mineral systems
  • Supported by Queensland Government Collaborative Exploration Initiative funding
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.